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year. the magazine's list included mohamed morsi, tim cook and malala yousafzai, the pakistani teach ager shot for advocating girl's education. rick stengel joins me now. he's the managing editor of time. how do you go about selecting the person of the year. and in the end you decide. >> and in the end i decide. >> rose: don't you love privilege? >> (laughs) it weighs on your shoulders always time, as you know. probably beginning in the middle of the year we start thinking about it, a month or so later i start asking people like you, members of the "time" 100, our correspondents, editors, writers start sending in suggestions and have meetings and then we start talking about ideas, tloung out names, sometimes it's not a person but a group of people, like last year, the protester. in the end we whittle it down to a short list and then we choose. >> what is it you that you measure them by? >> it's a historical thing, charlie. you measure them in part by past person of the year winners. i always like to feel the person who wins person of the year is both backward looking in terms of the
. mohamed el-erian will join us. >> susie: and the legal marijuana business-- two states okaying it for recreational use. we talk with one company profiting from medical marijuana products.
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